Premium areas like Gomti Nagar and Hazratganj see 8-12% annual price growth. 2BHKs range from ₹65-80 lakh, 3BHKs up to ₹1.2 crore. IT professionals and investors drive demand amid infrastructure development and economic expansion.
Rising demand for 2 BHK flats in Lucknow's emerging neighborhoods like Alambagh and Indira Nagar, offering affordable luxury housing with strong investment potential in infrastructure-driven markets.
Lucknow's residential sector bucks national trend, recording a 25% rise in sales (1,301 units) and 48% value jump to ₹1,797 crore in Q1 2025, driven by infrastructure upgrades and employment growth.
Lucknow’s Metro Phase 2 begins construction, introducing an 11.5km East-West Corridor with 12 stations. This expansion promises to elevate property values, boost connectivity, and create new investment zones across Vasant Kunj, Charbagh, and other emerging business hubs. The ₹5,800 crore project targets completion by 2030, enhancing urban infrastructure and transit accessibility.
The Gomti Riverfront Development Project, nearing completion after revitalization of a 12km stretch, is poised to elevate property demand in Gomti Nagar, Hazratganj, and adjacent regions. New infrastructure like pedestrian bridges, cruising facilities, and green spaces enhance living quality, driving investment in luxury apartments, villas, and commercial hubs. This urban overhaul positions...
The LDA unveils a 500-acre integrated township in Mohanlalganj, combining residential, commercial, and educational hubs. Targeting urban decongestion, it offers modern amenities like healthcare, IT zones, and green spaces, attracting investors and residents alike.
India's emerging real estate hotspots are set to play a crucial role in the nation's economic growth, driven by infrastructure developments and tourism, according to Colliers' report.
Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
Migsun Group is investing ₹426 crore in a mixed-use project in Lucknow, featuring studio apartments and retail spaces. The project, approved by RERA, targets both investors and end-users.
UP-RERA suspends physical hearings from May 1st due to rising COVID-19 cases, shifting to virtual hearings via e-courts.
Lucknow's real estate market is poised for growth with the upcoming metro services, enhancing connectivity and boosting property values across the city.
Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.
Indian housing prices saw a modest quarterly increase of 0.89% yet remain 14-15% higher yearly. Lucknow, Ahmedabad and Kochi experienced the most significant growth.
Lucknow is emerging as a prime real estate hub due to infrastructure growth and connectivity. IT city and international stadium boost investment and housing demand.
Studio apartments, despite their small size (avg. 350 sq. ft.), are witnessing rising demand due to affordability and low maintenance costs.
DLF Garden City, Lucknow, wins "Integrated Township of the Year – North India" at Realty Plus Excellence Awards 2012. The township boasts eco-friendly infrastructure and international living standards.
Real estate experts express concerns as political shifts may favor Lucknow over Noida, impacting land acquisition and development in Uttar Pradesh.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
Around 660 IAS officers failed to submit property statements, revealing Greater Noida as a preferred investment hub. Several officers possess multiple properties, while some haven't disclosed current market values.
Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.
Better Options Property (BOP) plans to launch realty boutiques called "BOP Studios" across Indian cities. These studios, modeled as walk-in property shops, target prime locations, recruit thousands of professionals, and aim for multiple projects in various cities.
Sahara Prime City aims to raise Rs 3,450 crore from an IPO to fund development of nineteen thousand housing units and 16 integrated townships.
Vijaya Bank aims to increase NRI business to ₹5,000 crore by 2011, focusing on Kerala, Karnataka, and Andhra Pradesh. The bank also plans to expand financial inclusion, mobile banking, and branch network.
Omaxe Ltd. plans a Hi-tech township in Lucknow, expected to generate Rs 2800 crores over 5-7 years, enhancing local amenities and infrastructure.
IFCI is expanding its real estate presence, launching three serviced apartment projects and partnering with Frasers Hospitality to manage a capital property.